Metals Stocks: Gold Futures Flat As Headwinds Kick Up

Gold shows little change Wednesday as the focus remains on stocks in the wake of the S&P 500’s first-ever close above 2,000.

Topics:  s&p   stocks   gold   
BING NEWS:
  • Stock Index Futures Slip as Middle East Tensions Weigh, Netflix Shares Plunge
    S&P 500 E-Mini futures (ESM24)are down -0.37%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.53% this morning as worries of a conflict escalation in the Middle East weighed on sentiment ...
    04/18/2024 - 11:39 pm | View Link
  • Gold Steady as Risk-Off Sentiment Offsets Reduced Hopes for Fed Cuts
    Gold was steady in early Asian trade, as risk-off sentiment offsets concerns over hawkish Fed comments earlier this week which dampened hopes for interest-rate cuts.
    04/18/2024 - 1:16 pm | View Link
  • Gold may benefit from ‘powerful tailwind’ when Fed pivots to rate cuts, says Wells Fargo
    Gold has room to rise after reaching record highs this year, as a “shifting interest-rate landscape could be a particularly powerful tailwind,” according ...
    04/17/2024 - 10:24 am | View Link
  • Alcoa jumps with aluminum prices after new sanctions on Russian metals
    Alcoa (NYSE:AA) +4.4% pre-market Monday, with prices for aluminum and nickel jumping in London, following late Friday's announcement by U.S. and U.K. authorities of a ban on fresh trading of ...
    04/15/2024 - 2:44 am | View Link
  • The US and UK restrict the trade of Russian-origin metals
    The U.S. and U.K. have also previously sanctioned Russian gold, gas and diamonds.
    04/12/2024 - 11:11 am | View Link
  • More

 

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